intel company mobile – CWEB.com

The tech giant Intel struck a deal to buy Mobileye for $15.3 billion, the latest investment by a technology company in the future of self-driving cars.Intel believes that auto is a big part of its future, and bringing Mobileye in-house could help it catch up to rival chipmakers like Qualcomm and Nvidia. It also could aid Intel in the drone space, given Mobileye’s focus on collision avoidance.